<ul data-eligibleForWebStory="false">Venture capital finances tech startups and involves more than just providing funding.The US has a strong history in venture capital, fostering economic growth.Key players in VC include VCs, Principals, VPs, Entrepreneurs in Residence, and administrative teams.The VC life cycle includes fund establishment, investment period, value creation, exit strategy, and fund dissolution.Success in VC involves strategic guidance, network leveraging, and exit strategies for returns.